Extreme weather could strain flood insurance to breaking point, undermine home prices and drive mortgage defaults, according to the Mortgage Bankers Association.
Source: Inman News
Housing industry ‘will not be spared’ by climate change: MBA
Published in climate change, fannie mae, First Street Foundation, flood, Flood Factor, flooding, freddie mac, global warming, Markets & Economy, Mortgage, mortgage bankers association, national flood insurance program, Regulations and Sean Becketti
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